The following article is reprinted from the Dayton Business Journal. This long time vacant property which housed the Rick James Dealership is being converted to a Retail/Business Park. We look forward to working with the Baker Family to help them fulfill their vision for this site.
- Olivia Barrow
- Senior Reporter- Dayton Business Journal
A business owner in Sidney purchased a Piqua former vehicle dealership and plans to convert it into an office and industrial center.
Thom Baker and sons Adam and Matthew formed ATM Investments LLC to purchase the former 55,000-square-foot Chevrolet dealership at 8654 N. County Road 25A in Piqua. Baker owns Wappoo Wood Products in Sidney.
Baker plans to convert the site into a 14,000-square-foot retail or office space and a 36,000-square-foot industrial facility, with hopes of attracting new employers to the area.
The project will create opportunities for area businesses to help construct the facilities, plus it will add more retail options for consumers as well as a new location for relocating companies.
“Piqua is fortunate to have local entrepreneurs that are willing to take the risk to purchase vacant facilities and turn them back into income producing properties,” said Tim Echemann, the broker with Industrial Property Brokers who represented the seller and will continue to market the property for lease. “We have a high level of interest in leasing the property now that a new owner is in place.”